The report is organized as follows. Section one introduces the country context, section two provides a historical context and reviews the public policies that have affected the private sector, including...
In this context, Bhutan can become wealthier through accelerating both domestic and foreign investment, as well as signing investment treaties. These investments could provide not just capital but also...
Between 2010 and 2018, Bhutan’s economic performance in the real growth of gross domestic product (GDP) was respectable, averaging more than 5 percent a year. This was driven by hydropower, services, and...
Forced displacement is emerging as a major development challenge in the Sahel region, and especially around the Lake Chad basin. The Sahel has recently experienced political upheaval and insecurity due...
Like many other countries in Sub-Saharan Africa, this sub-group of West and Central African countries has experienced relatively fast drops in mortality but persistently high levels of fertility, which...
The Ebola pandemic has been one of the most virulent pandemics in modern times. By the end of 2015, the epidemic had cost the lives of more than 11,300 people in Guinea, Liberia, and Sierra Leone, including...
Tales from the development frontier is an important publication that presents analytical reviews and case studies that show how selected developing countries have developed light manufacturing to create...
A notable contrast in modern economic history has been the rapid economic growth of China and the slower and volatile economic growth in Sub-Saharan Africa. As the engagement between the two continues...
China’s economic ascendance over the past two decades has generated ripple effects in the world economy. Its search for natural resources to satisfy the demands of industrialization has led it to Sub-Saharan...
The author estimates the degree of misalignment of the CFA franc since the introduction of the euro in 1999. Using a relative purchasing power parity-based methodology, he develops a monthly panel time...
Using data collected during several missions, the author finds that the principal reasons for low revenue mobilization are (1) the adverse fiscal impact of trade liberalization, (2) the defiscalization...